Elizabeth Holmes' Prison Sentence Reduced by 2 Years

Elizabeth Holmes, the disgraced founder of Theranos, is projected to be released from prison two years earlier than her 11-year sentence, according to federal prison records. She is set to be freed on December 29, 2032. Holmes was convicted of fraud and conspiracy charges in 2022. The Bureau of Prisons does not comment on release plans or conditions of confinement for inmates. Holmes is appealing her conviction and is jointly responsible for making $452 million in restitution payments. Her attorneys claim she has limited financial resources following the collapse of Theranos.